Beiträge von Eldorado

  • Schnäppchen Eck..welche Aktie ist preiswert im Moment

    Sterling Mining's share price has suffered recently, down to just below $4/share from a high of about $14/share, perhaps partly due to rumors on the internet about mine flooding. Olav Svela, Vice President, has firmly stated:


    "There is no water problem at the Sunshine mine. We are currently finishing up our Phase II development plan for the mine and hope to be in production within :Da couple of years, if not sooner." ?? :D


    Hurry ,hurry, oder ich......?


    gruss


    XEX

  • Schnäppchen Eck..welche Aktie ist preiswert im Moment

    @ tschonko



    I did not see this one, I was in Thailand !


    http://www.321gold.com/editori…d/bond020705_wsj.html<br>


    Analysts that I used to trust.


    Sterling Mining Co. got screwed this month and last by blowhard ignorance and reporting more shoddy than the Times v. Sullivan decision would allow, and I am here to tell you how it happened.


    But first you will permit me to digress. And if you managed somehow to short Sterling this week, buddy you'd better hock your house, because you're gonna need to, to cover your assets. If you're not long Sterling this week, you've missed your chance. But I will digress, damnit, because it's time you heard from somebody who doesn't play the "analyst" game.


    I've heard these bullshit analysts bellow from the pulpits in Toronto, Denver, New York, London, Vancouver, Moscow, Beijing and all the rotten little rues in between. And I even believed them, a time or two. I stood up for Thom Calandra in a column two years ago, because he sure seemed to know how to pick 'em, until one ugly gray morning in San Francisco, in between his publicity stunts for that copper monstrosity in Outer Mongolia, he was asked by a pretty gray lady where, as a first time investor, she should plunk her money down.


    And this skinny guy with the wide ears began to flog his own book. CBS Marketwatch was a helluva good buy, he said.



    Start with this:


    "An example of a stock that is out of fashion is Sterling Mining, a warning about which was issued on the site back on 27th October.


    "There is simply no point in trying to bottom fish such an issue, at least until it has steadied and formed some kind of base, all you are doing is tying up capital in something that at best is likely to go nowhere, and at worst may drop still further. For those readers who "have to know the reason why" Sterling is so weak, a little bird told me that the Sunshine mine has a lot of water in its lower reaches, which would cost millions to pump out, although I must emphasize that I cannot guarantee the veracity of this information, however, if true it would probably explain the recent weakness. This is the sort of thing that mining companies are traditionally loath to discuss in their glossy brochures and press releases, which is perhaps understandable."


    This sort of journalism is beneath contempt. I hired some crappy reporters in my time at newspapers whose newsrooms I have run on both coasts, but no zit-covered tyro ever tried to feed me a story a little bird told him.



    Ueberall habe ich wasserprobleme, indianer, sogar probleme mit hippos !!! :D :D :D und tiefen gruben,.... Cowboys ! :P

  • Schnäppchen Eck..welche Aktie ist preiswert im Moment

    Tschonko


    sorry, it was an old one, can happen ! :D


    Ok, vielleicht habe ich mich geirrt mit sunshine :D :D :D :D


    The future will tell !


    Solange ich ueber mich lachen kann am ende,... ist es ja gut ! :))


    Cheers


    XEX



    Der Artikel ist vom 31. Maerz wenn du unten schaust und die schreiben uebers wasser folgendes.


    Sterling Mining's share price has suffered recently, down to just below $4/share from a high of about $14/share, perhaps partly due to rumors on the internet about mine flooding. Olav Svela, Vice President, has firmly stated:


    "There is no water problem at the Sunshine mine. We are currently finishing up our Phase II development plan for the mine and hope to be in production within a couple of years, if not sooner." ?( ?( ?( :D :D

  • DRDGold Ltd. / DRD (NYSE, JNB) und die Derivate

    gogh


    Begriffsdogmatik ist ja voellig uninteressant und es war mehr ein scherz von mir weil ihr manchmal wie hund und katze sein koennt. X(


    Beschweren hilft so und so nichts, dadurch geht DRD unsw. auch nicht rauf, oder ??


    Ich stecke leider zu 14% mit 35% verlusten in RSA Tiefminen. :(
    Ich habe den braten schon vorher gerochen aber es ging zu schnell runter um da rauszuhupfen.
    ?(Dachte der Rand faellt frueher,ebenso verbrannt ! X(
    Cést la vie ! :(


    Zum Glueck habe ich noch einige andre und Explorer als Rueckendeckung, ueber die hat man auch gelacht. :D


    Wir koennen hier pro und contra reinlegen, aber sarkasmus und anspielungen sollten wir uns sparen,meiner Meinung, oder IMHO.


    Das mag keiner !


    Wir sollten uns da ein wenig mehr aufmuntern. :))


    Ciao


    XEX 8)

  • DRDGold Ltd. / DRD (NYSE, JNB) und die Derivate

    Let's think positive, nobody should lose, I'm not happy either !
    There might be a miracle, who knows ?(
    I wish everybody luck, with hippos,or what ever !
    Really !!
    I don't laugh if somebody is losing out, it can happen to me and to you.
    And that's ain't funny ! X(


    Ok ?


    Enjoy your weekend and think something else.
    Next week somebody else can lead the platoon.
    We switch now, I switch to reading mode.
    The mob will be back again next week and will give us enough pressure.
    No need to fight between us, its stupid !


    Regards


    Eldorado 8)

  • Juniors aus Kanada

    Juergen


    Just be patient,its just a junior,....yet !
    Pick the up before the production starts.
    It all takes time.
    Your idea is good, slowly, slowly.
    ----------------------------------------------


    The Argentina Boom ?? :


    With this region shaping up as one of the world’s most interesting new area plays, it’s no wonder that some of the industry's most successful explorers are moving in, ahead of the crowd. Keep watching for more news from this exploration hotspot. ?( ?( :D :D 8o 8o


    http://www.kitcocasey.com/displayArticle.php?id=58


    Adios


    XEX

  • Juniors aus Kanada

    A new report from Jason Hommel/Lou Passi :


    SRLM.PK


    http://www.gold-eagle.com/edit…_05/hommel040105.html<br>



    If you want to capitalize on this silver price explosion, by all means start accumulating silver bullion bars and coins (if you can find them) at today's relatively low, low prices. More aggressive investors will desire to own shares in a variety of mining companies highly leveraged to the price of silver.


    Sterling Mining (SRLM - Pink Sheets) is one such company. The share price March 31 was $3.60/share. With 15 million shares outstanding, the market cap is $54 million. With 15.8 million shares fully diluted, the market cap is $57 million.


    Sterling now controls the legendary Sunshine Mine, the richest silver mine in American history with more than 360 million ounces of production over the past century. Mine reserves stand at 26 million ounces of silver, as well as an additional resource of 160 million ounces of silver, for a total of 186 million oz. of silver. The mine is leased for 15 years, and can be bought for an additional $5 million.


    Sterling acquired the Sunshine Mine after the Sunshine mining company went bankrupt. In 1993, the famous Sunshine mining company had a market cap of $500 million, while they were $100 million in debt. The debt caught up with them as silver prices dropped in 1999-2002.


    Today, lean Sterling Mining has a market cap of about $70 million, and is debt free. Thus, Sterling Mining may have an upside potential to increase their market cap by about 7 times to return to the former valuation.


    Oddly, the Sunshine Mine was profitable when it closed in 2001. It was producing at a rate of over three million ounces of silver per year at an average grade of approximately 20 ounces per ton and a cash cost of just $4.49/ounce. The property includes offices, a 1,100-ton-per-day mill, more than 100 miles of underground workings, and 2,300 acres of mineral rights.


    In 2003-04 Sterling completed a surface geophysical program on the property to explore for the potential upward continuation of silver-bearing structures. The program identified five target areas, and in September 2004 an initial surface drill program was conducted. Sterling is following a methodical approach preparing the mine for a return to long-term sustainable production.


    Sterling Mining's share price has suffered recently, down to just below $4/share from a high of about $14/share, perhaps partly due to rumors on the internet about mine flooding. Olav Svela, Vice President, has firmly stated:


    "There is no water problem at the Sunshine mine. We are currently finishing up our Phase II development plan for the mine and hope to be in production within a couple of years, if not sooner."


    Many silver stocks, in general, have also been hit by two problems in the last year. First, silver prices stalled in April 2004, when silver hit a high price of $8.40, and then crashed back to $5.50, thus discouraging many silver stock investors. Second, many private placement shares have come free trading, and that puts downward pressure on share prices as initial investors with large blocks of shares cash out to lock in gains. Sterling Mining gained from a low of about $.25/share in early 2003 prior to the acquisition of the Sunshine mine.


    Sterling is now the 7th largest primary silver company in the world with 231 million ounces of silver resources or 19 ounces of silver per share. Silver accounts for 91 percent of the company's total resources, making it a high-leveraged silver stock.


    Other Company Projects: (many leased, not all 100% owned)


    Coeur D'Alene Mining District - In addition to the Sunshine Mine, Sterling controls more than 15,000 acres of mineral rights in the Silver Valley. This is one of the richest silver districts on earth, yet there's been relatively little surface exploration conducted by modern techniques. Recent discoveries indicate that significant silver mineralization is just waiting to be found.


    Mexico Projects. In 2003 and 2004 Sterling acquired a number of properties in Zacatecas State, Mexico, with rapid production and exploration potential for 100+ million ounces of near-surface silver resources.


    Baroness Tailing Project - an advanced stage project located in the Zacatecas Mining District, Mexico. Production is expected to begin in 2005. It is estimated that the project contains 5 million metric tons of finely ground tailings that average 3.0 ounces per ton silver and 0.02 ounces per ton gold, which is a resource of 15 million ounces of silver and 100,000 ounces of gold. Processing costs are expected to be $3.50 per ton or less.


    Milagros Property - Sterling Mining holds an option on the Tesorito and Tabasquena claims near the prolific Milagros property in Zacatecas State, Mexico. The claims comprise two shallow shafts (about 65 feet and 280 feet deep, respectively) approximately half a mile apart, sunk onto a major silver-bearing epithermal vein structure. The reported thickness of the vein averages about 10 feet, widening to nearly 20 feet. The structure is believed to be open along strike on both ends, as well as at depth. Earlier reports have estimated that between the two shafts lies an estimated one million tons of mineralization, which, based on past smelter returns, has historically produced ore at 17 ounces per ton silver, implying a 17 million oz. silver resource.


    San Acacio - The San Acacio Silver Project, located four miles from the City of Zacatecas, Mexico, comprises the old San Acacio Mine within the famous Veta Grande Mining District that has produced 180 million ounces of silver. The San Acacio claims cover roughly four miles of the Veta Grande quartz-carbonate vein system. Historical reports indicate a drill-inferred resource of 14.4 million ounces of silver. Previous operators have used this drill data to estimate an additional 3.1 million tons at a grade of 5 ounces per ton silver, yielding another 15.5 million ounces. Sterling management anticipates that surface drilling will be conducted on the property in early 2005.


    JE Project - 700 acres of property located in the 'Persian Gulf of Silver', a NW Montana region of several low-grade 100+ million ounce deposits. Stratabound silver/copper mineralization was defined in this area by eight diamond drill holes adjacent to the NNW-trending Snake Creek Fault. Sterling aims to conduct an initial exploration program in 2005 to test the zone of mineralization between the discovery hole and the Snake Creek Fault, where grades are expected to increase. Management believes this property has the potential for 50+ million ounces of silver resources.


    Montana Silver-Copper Sulfide Belt - covers a 1,600 square mile area in Sanders County, northwest Montana. In this area three world-class silver/copper deposits have recently been identified: The Troy, Rock Creek and Montanore deposits. These three deposits contain roughly 350 million tons averaging 0.75 copper and 1.75 ounces per ton silver. In 2003-04, Sterling Mining acquired a number of properties in this area.


    Other silver companies in Montana are Mines Management (MGN - Amex) and O.T. Mining (OTMN - pink sheets). Montana's Governor has recently stated his strong support of mining interests in the state.


    Company Objectives


    Begin producing silver in Mexico in 2005
    Grow annual production in Mexico to 2+ million ounces within 24 months
    Restart production at the Sunshine Mine within 36 months
    Increase silver resources to 400+ million ounces within 3 years
    Hold outstanding shares under 25 million to maximize shareholder value
    Seek listing on AMEX within 12 months
    Sterling is as close to a pure leveraged play on silver as you will find among mid-tier mining companies. The company's share price should also benefit from a solid "producer bonus" as production begins in Mexico this year and from additional silver discoveries. Furthermore, the company's silver ounces in the ground are also among the cheapest you can buy, if you buy stock at current prices, which is priced at about $.29/oz. in the ground. :P :P



    March 31, 2005

  • Thai Guru's Gold und Silber ... (Informationen und Vermutungen)

    GO GATA!!! THE DERIVATIVE BOMB IS TICKING



    America May Never Be The Same For A Generation!


    I wish that were an April Fool’s Day headline. It is not.


    First, gold. For weeks MIDAS has pointed out The Gold Cartel’s unusually aggressive capping of the gold price (all documented). I attributed it to some sort of panic by the cabal crew in fear that a sharply rising gold price would further ignite the derivatives neutron bomb – one already in play. I have been pounding the table for weeks that the US financial system is a mess and that after years of market rigging and lies by the current administration (Clinton's was no better), it is all falling apart – about to spin out of control.


    Oh yes, gold. Could there be one nincompoop left out there in the mainstream gold world who still doesn’t understand the gold market is the most controlled, managed and suppressed market in history? Forgetting the recent trading pattern for a moment, if you were told last night the US jobs number out this morning would be a disaster (half the jobs created expected by Wall Street) and oil would make all-time highs at $57.27, up $1.87 per barrel, what would you have said the gold price would do? Except for those in our camp alleging manic price suppression by The Gold Cartel (like Mike Bolser), I dare say not one person would have predicted an already oversold gold to be taken down over $2.


    It was a strange day. When the jobs number hit, the dollar was trounced, yet gold assaulted, sending it low. Later on a confusing ISM number sent the dollar soaring, which once again makes no sense unless you understand the Working Group on Financial Markets was forcing the dollar up to change the perceptions of reality regarding a growing derivatives problem – to hide the sobering truth from the investing public.


    10:08 Follow-up: ISM index 55.2% in March vs consensus 55.0%
    The ISM apparently issued an incorrect press release, resulting in incorrect reports on all wires. The 55.2% index is still slightly better than consensus, but a disappointment relative to both the incorrect 63.1% headline and the strong Chicago PMI report yesterday. Stocks and the dollar have reversed after the corrected headlines.
    * * * * *


    The euro fell from 130.80 to 128.93 before rallying back to 129.25, down .57. The euro market action is absurd and will only lead to more financial market chaos down the road. It is obvious to me the dollar was jammed higher to avert a panic in the markets as the derivatives laden mega US corporations go into the tank. How clear can it be! The pundits X(said the dollar went up for fear of higher US interest rates, yet the 30-year bond rose 14/32 to 111 26/32. It is ludicrous to say the dollar went up due to fear of higher US rates. The economy is so weak, bonds rose sharply despite oil going berserk.


    None of this matters to the gold price of course as it was slammed when the dollar went down and stayed down when the dollar went up. I have ranted day after day on this crap, week after week, month after month. We have a farce of a market. A joke of a government which trumpets democracy, free markets and a free financial press. As I have said for years, gold will never really rally until these bums are carried out. Can THAT be any more obvious too?


    HOWEVER, this is NO time to be dismayed.
    What is exciting, the way I see it, is we are about to head into a new era as far as gold is concerned, as expressed in a MIDAS headliner on March 18:


    You Have To Be Out Of Your Mind To Be Short Gold – Either That Or Clueless


    It really doesn’t matter anymore whether gold goes up or down $20 or $30. It is meaningless. Gold will rally $200 in weeks. Those undercapitalized folks who are short will be wiped out. Those long will make fortunes. The share prices of many of the quality junior golds/exploration companies will rally 500% to 1000% and do so in a very short period of time as THE WORLD runs into the tiny gold market as the GO TO investment of choice.Here is the good employment news which sparked the dollar rally later in the day:


    08:30 March unemployment rate 5.2% vs. consensus 5.3%; non-farm payrolls +110K vs. consensus +213K
    * * * * *


    08:30 March average hourly earnings reported 0.3% vs. consensus 0.2%; average weekly hours 33.7 vs. consensus 33.7
    * * * * *


    08:30 February nonfarm payrolls revised to +243K from +262K
    Feb. unemployment rate unrevised at 5.4%.


    HANG IN GUYS !!!
    We had worse thunderstorms in the past then this few clouds so far.
    The sun will shine again ! :)) Be patient !


    XEX 8)

  • Das neue Südafrika

    US: Zim polls not free or fair



    02/04/2005 08:41 - (SA)


    Mugabe rules again, ......Mbeki and ANC will rule again ! 8o

    Washington - United States Secretary of State Condoleezza Rice :D said on Friday that the Zimbabwe's legislative elections, won by the party of President Robert Mugabe, were neither free nor fair.


    "Although the campaign and election day itself were generally peaceful, the election process was not free and fair. The electoral playing field was heavily tilted in the government's favour," said Rice in a statement.


    "The United States calls on the Government of Zimbabwe to recognise the legitimacy of the opposition and abandon policies designed to repress, crush and otherwise stifle expressions of differences in Zimbabwe."


    Rice also called on the government to address "political and economic problems that have wrecked what only a few years ago was one of Africa's success stories".


    Mugabe's Zanu-PF party took 59 of the 120 contested seats, which - combined with the 30 seats directly appointed by the president - gave the ruling party control of parliament.


    Morgan Tsvangirai, leader of the opposition Movement for Democratic Change, which earned 34 seats, said on Friday that the elections were marked by massive fraud.



    Welcome to Africa !


    Up to you now !


    Bye ;)


    Eldorado 8)

  • Gold und Silberminen im fernen Osten

    Here again, why china ?? ;)


    http://www.goldletterdv.com/whychina.php


    http://www.china-mining.com/im…Mining_intro_story%20.pdf


    Recent events change mining forever
    By: Dorothy Kosich
    Posted: '28-SEP-04 01:00' GMT © Mineweb 1997-2004



    DENVER--(Mineweb.com) An expert in Chinese metallurgical projects told a Denver audience Monday that the events of the past 10 days in China "have been very, very important" for the mining sector.
    Virginia Kamsky, Chairman and CEO of Kamsky Associates told analysts, institutional fund managers, and mining company executives attending the Denver Gold Forum that the clarification of the role of Chinese leadership, the appointment of a geologist as second in command of the nation, and a major restructuring of mining regulations are just a few indications that "we are on the verge of a really interesting and dynamic period."


    On September 19, China's President Hu Jintao replaced Jiang Zemin as the nation's military chief. "This signified the complete handover of power of China's new-generation leadership," said Kamsky. "Ambiguities in the leadership have now been clarified and the spectre of a power struggle put aside."


    China's number two leader Premier Wen Jiabao, who is head of China's Cabinet, is a geologist who worked for a provincial geological bureau and the then-Ministry of Geology and Natural Resources. Wen serves as the top official in charge of all metallurgical projects in China, she said. He has also been very active in China's efforts to provide incentives to companies willing to invest in poorer Western provinces.


    Vice Premier Zeng Peiyan is the former head of the National Development and Reform Commission, which regulates China's gold industry. "I think it is fair to say that both in terms of personalities such as Premier Wen and Vice Premier Zeng and the pressures on China to open its mining sector both internationally and externally, including WTO-related pressures, that the climate for investment in the gold sector will continue to improve, according to Kamsky.


    Government agencies regulating mining in China are being restructured to separate regulation of the gold industry from the operation of gold mines. "This trend, strengthening the division between government regulators and business operators, has been taking place across industry sectors," she said. Kamsky predicted the next phase of reform will be the consolidation of China's gold companies into "a few major companies capable of competing on a global scale." The Chinese government is working on improving the technology of Chinese gold companies, encouraging foreign investment, and improving the raising of capital through public listing of gold companies.


    "One interesting trend has been that Chinese companies are now seeking overseas gold investment projects," said Kamsky. The Shandong Gold Group is working on a mining project in Venezuela, while the Shandong Zhao Yuan Gold Group signed an agreement to perform exploration in Russia. Shandong Guoda Gold will mine the Shang Nong Mountain area of North Korea. China's biggest metals trader, China Minmetals Corp., is seeking to buy Canada's biggest mining company, Noranda Inc., for more than $5 billion.


    Despite the flurry of recent activity, Kamsky said "we have yet to see the establishment of a large-scale foreign investment gold mining project in China." She considers Australia's Sin Gold to be a model of a foreign gold mining operation. Some foreign mining companies are entering the Chinese mining market through technology agreements, exploration projects, and even acquiring a Chinese gold mining research institute. "I know that China is eager to deal with companies that have the technological capability to take full advance of its gold reserves. Companies of scale have a significant advantage in gaining market entrance in China," she added.


    Kamsky said specific guidelines for investment in the China's gold industry will probably be released at the end of the year. "The release of these policies will be a key step forward for foreign investment in the gold industry," she concluded.


    ----------------------------------------------------------------------------------
    I'll take a backseat now, some say I'm a share- pusher ! X(


    I can also write in my musterdepo, or not ?


    regards


    Eldorado